Affirm is fundamentally a credit-driven business, not a capital-light payments platform, with growth tied to loan origination and balance-sheet deployment. Affirm's recent profitability is due to ...
Affirm stock tumbled this week as investors fretted that the private-credit woes infecting software companies may be spreading to the financial technology sector. Don’t panic yet, analysts say. Affirm ...
Affirm's deal with New York Life provides off-balance-sheet financing to support roughly $1.75 billion in annual loan volume. New York Life has already invested nearly $2 billion in Affirm’s ...